Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.
The Italian lender moved to boost its Commerzbank stake above 20%, shrugging off German opposition to a possible takeover.
Italian bank UniCredit ( OTCPK:UNCFF) ( OTCPK:UNCRY) said Monday it increased its stake in Commerzbank ( OTCPK:CRZBF) ( OTCPK ...
Swaps, collars, Citi Bike, biblically responsible investing and texting regulators about work.
UniCredit SpA Chief Executive Officer Andrea Orcel moved to more than double the lender’s stake in Commerzbank AG, in a ...
Shares of Commerzbank traded 3.1% lower on Monday after the government said that it would retain its 12% stake in the German ...
UniCredit's attempt to participate in Commerzbank without consultation is an unfriendly act and is not appropriate in Europe ...
UniCredit announced it had increased its stake in German lender Commerzbank to 21% and submitted a request to boost the ...
The Italian lender had earlier disclosed a 9% stake in its German peer, reviving speculation that it could pursue a tie-up.
With the 4.5% stake it had accumulated during the summer through derivates, the 4.5% stake it bought from the German ...
UniCredit boosts its stake in Commerzbank to 21%, with plans to increase to 29.9%. Analysts believe the move could spur ...